Exploration for Uranium and
Mineral Sands in Namibia
Erongo Energy Limited is exploring two highly prospective uranium projects in Namibia:
- Erongo Granites project, which covers 312 sq kms. The Company is targeting intrusive style granite-hosted uranium mineralisation. Drilling to date has confirmed a main zone of uranium mineralization over an area of 1,000 metres by 1,000 metres. The uranium mineralization includes an area of higher grade mineralisation covering 600 metres by 300 metres.
- Spitskoppe project, which covers 505 sq kms. The Company is targeting secondary calcrete-hosted mineralisation as well as granite-hosted mineralization.
Erongo is reviewing new project opportunities to expand its asset portfolio. Erongo is currently investigating mineral project opportunities with a particular focus on uranium projects located in central and southern Africa and Australia.
At 30 September 2009 Erongo had cash at bank of $2 million.